Global Banks Commit $270M to Launch Project Faro Stablecoin
A group of 21 financial institutions, including Goldman Sachs, Citi and Deutsche Bank, has committed around $270 million to a joint stablecoin venture known as Project Faro.
A group of 21 financial institutions, including Goldman Sachs, Citi and Deutsche Bank, has committed around $270 million to a joint stablecoin venture known as Project Faro.
Powered by The5ers, the Trading Cup brings a live demo trading competition to Mexico City on 12-13 November.
The Singapore FinTech Festival (SFF) 2026 will take place from 18 to 20 November 2026, convening global technology and finance leaders to examine the structural forces rewiring the global financial system.
Akurateco has integrated Nuvei into its Payment Hub, giving businesses that use its payment orchestration platform access to Nuvei’s acquiring network and payment methods through their existing Akurateco connection.
The European Network for Payments (ENP) has appointed William Olgiati as its chief executive officer.
Nickel Digital Asset Management surveyed more than 200 executives at institutional investment firms and wealth managers about the future of digital assets.
Overchain has expanded its senior team after reporting average monthly payment processing volume of more than $385 million.
Global Game Connect 2027 (GGC 2027) will return to Sri Lanka on March 24–25, 2027, bringing together global gaming, iGaming, digital entertainment, technology, payment, marketing, and business leaders for two days of industry networking, business development, and market opportunities.
German payment provider secupay has moved 17% of its point-of-sale (POS) transaction volume to Silverflow’s cloud-based processing platform.
Justin Yek is taking over as Binance’s chief financial officer. He replaces Kaiser Ng, who is leaving the cryptocurrency exchange to pursue a new venture.
Mastercard is supporting the launch of Samsung Pay in Morocco, bringing contactless mobile payments to eligible cardholders at participating banks.
Draper Goren Blockchain Studio has launched LenDb.ai, a free database of U.S. mortgage loan officers designed for AI assistants.
KCB Bank Tanzania has added PayPal services to its mobile banking app, giving customers a way to receive payments from overseas clients and transfer the money to their local bank accounts.
UK-based fintech Seva Money has raised $5 million in a seed funding round to expand its platform for families receiving money from abroad.
More than 3 million people in Paraguay may have lost access to their bank accounts overnight, according to claims circulating online.
Merchants in Bahrain can now accept contactless payments with an iPhone instead of using a separate payment terminal.
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